28 replies to this topic

[IndexTrader]

..and Ps...where are Frick and Frack?

That's been a side indicator for my day and a good reason to look forward to the IT turning as soon as possible.

..well...I guess I know where Frack went hiding off to....but he'll be back....Frick has been silent all day....maybe getting his neck looked at after all that whipsaw...

PS...I'm not comfortable seeing these bears coming out of the cave.....where were they at the top?

Which top are you referring to?

[eminimee]

..the one that had the 200sma getting them all orgasmic...

[jjc]

"they're"

I go by the name of Frick at times, not to be confused with Frac. Still short here.

(Frick as in Frick'n wrong sometimes).

Edited by jjc, 03 June 2009 - 01:14 PM.

[denleo]

Right now today looks like a low volume correction and test of support levels. I am not bearish here at all until volume increases and above mentioned support levels are broken on the closing basis. Denleo

[eminimee]

May I suggest you keep an eye on NDX 1459..and if it breaks...1437.....below there...lights out....if there not out already

..and Ps...where are Frick and Frack?

...so far..1459 held...if it breaks...it's a quick trip to 1437....if 1459 continues to hold.........we "could" see another high....if we get above 1477. Bounce and stall at 1477 will be bearish...
..NQ June I'm referring to..

Edited by Teaparty, 03 June 2009 - 01:21 PM.

[eminimee]

Right now today looks like a low volume correction and test of support levels. I am not bearish here at all until volume increases and above mentioned support levels are broken on the closing basis.

Denleo

920 spx is pretty obvious as a must hold....and so is 875...someone mentioned that a few weeks ago...that 875 was key..can't remember who it was though.....

[denleo]

Teaparty, I agree with both of your comments on S&P and NASDAQ. Market is getting weaker, but so far bears have not proved anything. I will remain flat. Denleo

[rkd80]

Teaparty, I agree with both of your comments on S&P and NASDAQ.

Market is getting weaker, but so far bears have not proved anything. I will remain flat.

Denleo

At which point can one safely rule out new highs?

[eminimee]

Teaparty, I agree with both of your comments on S&P and NASDAQ.

Market is getting weaker, but so far bears have not proved anything. I will remain flat.

Denleo

At which point can one safely rule out new highs?

You'll never find a point....we WILL take out 1575 spx eventually..

[eminimee]

If the dipsters are coming in...it better be soon...